India's mutual fund
sector launched 75 new fund offers (NFOs) in the equity segment during the
calendar year 2014 gathering Rs.12,220 crore. This is a historical high in a
year that saw key stock indices gain nearly 30%.
This is unfortunate
fact about the majority of retail investors – they get more confidence only
when equities become costlier. When stocks fall, most of them disown even if
the fundamentals remain intact.
The asset garnered
through new launches is also at a six
year high since the Lehman crisis.
As on date there are
a little over 400 equity schemes (including ELSS) in the sector managing an
asset size of Rs. 3.2 lakh crore.
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